iShares iBonds 2027 Term High Yield and Income ETF (BATS:IBHG) Short Interest Up 179.2% in May

iShares iBonds 2027 Term High Yield and Income ETF (BATS:IBHG) was the target of a large increase in short interest in May. As of May 29th, there was short interest totaling 144,366 shares, an increase of 179.2% from the May 14th total of 51,708 shares. Based on an average daily trading volume, of 249,393 shares, the short-interest ratio is currently 0.6 days. Approximately 1.0% of the company’s shares are sold short.

Hedge Funds Weigh In On iShares iBonds 2027 Term High Yield and Income ETF

A number of large investors have recently added to or reduced their stakes in the company. 10Elms LLP increased its holdings in iShares iBonds 2027 Term High Yield and Income ETF by 10.5% during the 3rd quarter. 10Elms LLP now owns 5,257 shares of the company’s stock worth $118,000 after purchasing an additional 500 shares in the last quarter. Landing Point Financial Group LLC increased its holdings in iShares iBonds 2027 Term High Yield and Income ETF by 5.1% during the 3rd quarter. Landing Point Financial Group LLC now owns 23,413 shares of the company’s stock worth $527,000 after purchasing an additional 1,142 shares in the last quarter. Rebalance LLC increased its holdings in iShares iBonds 2027 Term High Yield and Income ETF by 3.0% during the 4th quarter. Rebalance LLC now owns 49,932 shares of the company’s stock worth $1,114,000 after purchasing an additional 1,431 shares in the last quarter. Integrated Wealth Concepts LLC increased its holdings in iShares iBonds 2027 Term High Yield and Income ETF by 2.7% during the 3rd quarter. Integrated Wealth Concepts LLC now owns 57,912 shares of the company’s stock worth $1,302,000 after purchasing an additional 1,531 shares in the last quarter. Finally, Heartland Bank & Trust Co increased its holdings in iShares iBonds 2027 Term High Yield and Income ETF by 5.7% during the 4th quarter. Heartland Bank & Trust Co now owns 33,434 shares of the company’s stock worth $746,000 after purchasing an additional 1,793 shares in the last quarter.

iShares iBonds 2027 Term High Yield and Income ETF Price Performance

Shares of IBHG traded up $0.02 during trading hours on Friday, reaching $22.02. The stock had a trading volume of 21,778 shares, compared to its average volume of 154,297. iShares iBonds 2027 Term High Yield and Income ETF has a 52 week low of $21.94 and a 52 week high of $22.56. The firm has a 50-day moving average of $22.10 and a 200 day moving average of $22.20.

iShares iBonds 2027 Term High Yield and Income ETF Company Profile

The iShares iBonds 2027 Term High Yield and Income ETF (IBHG) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value-weighted index of USD-denominated, high yield and BBB-rated corporate bonds maturing in 2027. The fund will terminate in December 2027. IBHG was launched on Jul 7, 2021 and is managed by BlackRock.